Annual market reports and monthly digests covering rug resale prices, category trends, regional differences, and market velocity data.
Annual Report 2024
The RUG Index State of Rug Resale · 2024
First edition covering the Chicago metropolitan market. 847 transaction data points. Persian category up 11% YoY. Antique segment premium: 2.4× contemporary category median.
— Persian Workshop category: +11% YoY
— Antique premium vs. modern: 2.4×
— RICA-certified avg days to sale: 18 days
— Uncertified avg days to sale: 47 days
— Insurance claim accuracy improvement: 38%
Monthly Market Digest
RUG Index Monthly
Category price movements, new RICA certifications, notable sales, and market observations. First Monday of each month.
Key Findings — 2024 Annual Report
Certification Premium
RICA-certified rugs sell for 22% premium and 29 days faster than comparable uncertified inventory.
Estate Channel Underperforms
Rugs sold through traditional estate sales average 18% of certified market value — $3,200 lost per estate rug.
Insurance Overpayment Rate
Without a pricing standard, adjusters overpaid rug claims by 35–60% for high-value items.
Persian Antique Resilience
Pre-1920 Heriz and Tabriz saw the largest appreciation vs. 2023 comps — strongest YoY in any category.